This group has three members who are entrepreneurs. One of them is Maria Auxiliadora, who is a 56-year-old woman, and she is married with two children. She has run a business selling chicken and basic grains for 14 years. She sells these products from her home in the community. She will invest the loan in purchasing grains like rice, beans, sugar, cooking oil, chicken, toilet paper, Maggi soups, Marfil soap, Prego soap, Tang, etc.
Paula is 54 years old and has a business raising and selling chickens. Aura is 52 and has a business selling food.
Este grupo está formado por tres socias emprendedoras una de ellas es María Auxiliadora mujer de 56 años de edad, casada, con dos hijos, tiene 14 años de tener su negocio como es la venta de pollo y granos básicos, estos productos los comercializa en su domicilio en su comunidad, el crédito lo invertirá en la compra de granos como arroz, frijoles, azúcar, aceite, carne de pollo, papel higiénicos, sopas maggi, jabón marfil, jabón prego, tang etc. Paula tiene 54 años de edad y su negocio es la crianza y venta de pollo y Aura tiene 52 años de edad y su negocio es la venta de comida.
Located in Central America, ADIM is a small microfinance institution with a strong social focus. In the saturated microfinance market of Nicaragua, ADIM stands out for its emphasis on the holistic development of women as well as its provision of responsible financial services. Founded in 1989 by a small group of Nicaraguan women, this institution has remained true to its initial goal of providing its clients (90% of which are women) with an opportunity for economic growth, in addition to personal and professional empowerment. Supporting an ADIM borrower means contributing not only to the continued offering of the socially conscious services it provides, but also to the sustainable growth of a truly unique microfinance institution.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.